Short Interest in Puma Se (OTCMKTS:PUMSY) Increases By ∞

Puma Se (OTCMKTS:PUMSY – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 201 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average daily trading volume, of 9,568 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

A number of research analysts have issued reports on PUMSY shares. Citigroup reissued a “buy” rating on shares of Puma in a research note on Thursday, August 27th. HSBC raised Puma to a “buy” rating in a research report on Tuesday, June 16th. Zacks Research upgraded Puma to a “hold” rating in a report on Tuesday, June 9th. Finally, Santander assumed coverage on Puma in a research report on Friday, June 26th. They issued a “neutral” rating for the company. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

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Puma Trading Up 2.4%

Shares of OTCMKTS:PUMSY traded up $0.06 during midday trading on Wednesday, reaching $2.54. 2,573 shares of the company were exchanged, compared to its average volume of 24,630. Puma has a fifty-two week low of $1.71 and a fifty-two week high of $3.46. The stock has a fifty day simple moving average of $2.98 and a two-hundred day simple moving average of $2.90.

About Puma

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Puma SE (OTCMKTS:PUMSY) is a German multinational company that designs, develops, markets and sells athletic and casual footwear, apparel and accessories. Founded in 1948 by Rudolf Dassler in Herzogenaurach, Germany, Puma has grown into one of the world’s leading sportswear brands. The company’s product portfolio spans performance-driven footwear for running, football and training, as well as sport-inspired lifestyle shoes and apparel. Complementary offerings include teamwear, bags, socks, headwear and various sports equipment.

Puma distributes its products through a diversified network of retail channels, including direct-to-consumer stores, e-commerce platforms, wholesale partners and licensed distributors.

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